Finance Trainee Scheme - Level 7 Finance Apprentice
The first duty of Government is to protect the public. Since 1782, the Home Office has led work to keep the country safe from those who seek to do it harm; in doing so, we make a vital contribution to HM Government’s plan for a stronger, fairer, outward-looking and united Britain.
The Home Office covers three systems: Homeland Security, Public Safety and Migration and Borders. These systems work collaboratively to deliver our cross-cutting priorities, whilst providing increasingly efficient and secure services for the public.
These are challenging areas that can rapidly change in the global environment we work in – this makes us one of the most exciting and stimulating government departments in which to work.
If you work with us, you'll be making a real difference and have the chance to significantly increase your salary by the time you have finished the apprenticeship.
The finance teams work alongside, and have a close understanding of, the businesses they support. The main purpose of the teams is to provide support and challenge to Home Office business areas and to ensure that decisions are made with reference to financial information and consequences, putting finance at the heart of decision making.
You will gain the experience, skills and training to kick start your career in the civil service in an inclusive and supportive culture. You will have a clear career path with excellent opportunities for advancement, support from experienced managers and mentors and time set aside for you to follow your studies and achieve an internationally recognised accountancy qualification (ACCA).
This role will give you 3 one year long placements covering finance business partnering, accounting operations plus the opportunity to work in other areas such as programme finance, financial planning etc.
• Finance business partnering – As a member of the Finance Business Partnering team, you will play a key role in advising colleagues across the Department, enabling them to manage their resources effectively in order to achieve our strategic objectives. You will work closely with colleagues across the wider Finance Team and people on the front line of Home Office Operations and Policy.
Finance Business Partners help business areas in managing their budgets, forecasts and accruals, ensuring that they have the right financial and management information and support to enable them to manage their resources effectively.
• Accounting operations – The Management Accountant completes important month-end activities and reports. You will complete month-end processes, including processing journals, asset completion, accruals and forecast updates as well as performing reconciliations and investigate significant variances. You will prepare presentations on the directorate in collaboration with the Finance Business Partner and also report on expenditure claimed by employees.
Accounting Operations team will ensure that appropriate evidence is kept to satisfy internal and external auditor requests.
• Other areas such as programme finance, financial planning etc – Working to build long term financial plans, supporting exciting change projects and a range of other activities.
• Financial Planning Unit is a central finance function with the overarching objectives of working with HM Treasury and other external stakeholders to secure the future funding requirements for the Home Office. You will ensure that resources are allocated to ministerial priorities, support the Department to achieve maximum value for money (VfM) and contribute and influence corporate level strategic decision making and analysis.
You will need to work with the team, wider Finance colleagues and other stakeholders across the Home Office to ensure the Department delivers robust Resource and Capital budget plans, allocation processes and final delegations – all of which align with and support key departmental priorities. They will also be part of critical funding negotiations and contribute towards key Permanent Secretary and Home Secretary submissions.
• Corporate Reporting is a central finance function with the overarching objective of ensuring the in-year forecasts do not exceed Home Office financial control totals. You would be working closely with the financial business partners, the accounting operations team and HMT.
You will be creating monthly reports for senior managers on the in-year position and forecasts as well as challenging the business on their forecasts.
• In the Financial Reporting Unit you will be reporting to the Group Financial Controller and be responsible for assisting with the management of the delivery of the statutory year end accounts. As well as delivery of the HO accounts, the team assist with the whole government consolidation accounts and cashflow reporting, providing high level concise commentary and analysis of results. You will work very closely with the rest of finance, assisting where possible and be the point of contact with the National Audit Office for any queries regarding the accounts.
• The Programme finance teams work closely with all projects and programmes that are ongoing within the Home Office. They assist the accounting operations team with monthly accruals and forecasts and complete reports to Cabinet Office on any GMPP projects.
Your key responsibilities will depend on where you are working at the time but will include:
• Interpret, explain and drive performance within large sections of the business.
• To support and agree with the business a forecast of financial performance, and to monitor and update such forecasts.
• Present benchmarks, comparators and economic context to support and influence key operational and strategic decisions of the group.
• Advise on key business planning assumptions, trade-offs and opportunities.
• Help ensure the Home Office spends it’s money correctly and keeps accurate records.
• Provide challenge to the business unit to test assumptions and risks.
• Provide ad hoc analysis and insights on specific issues, using resources provided from the management accounting function.
• Support the development of the finance element of business cases in relation to investment decisions.
• Identify financial risks, monitor risk and propose mitigating actions.
• Operate effectively within the Home Office’s system of financial control and regular planning and reporting cycles.
• Foster a culture of finance excellence including standing up for ethical principles and protecting the Accounting Officer.
• Behave proactively by being part of the solution when sub-optimal processes and controls, and business risks and issues come to light.
We are looking for people who:
• Are good at dealing with people, and can explain complex issues clearly and relate them to the wider organisation.
• Can pay attention to detail and produce analysis using a range of tools.
• Are interested in numbers and confident in using them.
• Have excellent communication, networking and negotiating skills.
• Can work in a fast-paced environment, planning, collaborating, and delivering through others, to meet both short and longer-term deadlines.
• Can work independently and want to be challenged and stretched.
• Possess excellent rounded knowledge of IT (including Microsoft Office).
Training and Development
This is an accredited Level 7 apprenticeship and in addition to on the job learning, we commit to spending 20% of your working hours completing directed study (online/face to face) to enable you to gain your accountancy qualification.
We are committed to investing in our staff and also offer a range of work-based training and qualifications, coaching and mentoring opportunities to augment the professional training.
Applicants must hold the qualifications listed below.
In order to qualify for an apprenticeship, applicants cannot have a Masters in Accountancy, Finance or similar qualification. Additionally, it is a requirement of an apprenticeship that you learn new skills, therefore apprentices should not have significant exemptions from ACCA and must live in England to qualify for apprenticeship funding. Any exemptions should be clearly stated on the application form.
• GCSE English and Maths at grade C or equivalent, and
• Degree (at least a 2:2) or an accountancy apprenticeship level 4
We'll assess you against these behaviours during the selection process:
- Delivering at Pace
- Seeing the Big Picture
- Working Together
• Learning and development tailored to your role
• An environment with flexible working options
• A culture encouraging inclusion and diversity
• A Civil Service pension
For more information and to apply, please visit our website via the apply button below.